Managing finances effectively is a critical life skill that can help individuals achieve both their short- and long-term financial goals. The challenge lies in creating and sticking to a budget, especially for those who are new to the process.
To set realistic financial goals and track them, it’s important to establish a clear understanding of your current financial situation and identify specific objectives for the future. Our CEO Nick Chandi and other Forbes Finance Council members share some practical tips and strategies for doing just that, including consulting a professional, automating your savings deposits and forecasting your cash flow. By implementing these techniques, it can become much easier to develop the discipline and habits necessary to achieve your financial goals. Read more on Forbes.
